OMAHA, Neb. (AP) - As they give away part of Warren Buffett's fortune, his three children have adopted an approach remarkably similar to their father's technique for making all that money. Like Buffett, each relies on tiny staffs. And whereas their father invests only in businesses he understands, they restrict... more »
OMAHA, Neb. (AP) - It's true that Warren Buffett hired the hedge fund manager who won the last two private lunches with him that are part of an annual auction, but he's not expecting the event to become a recruiting tool for Berkshire Hathaway. Rather, Buffett says it's miraculous that... more »
WASHINGTON (AP) - President Barack Obama says the nation can't afford to keep giving tax cuts to the wealthiest Americans "who don't need them and didn't even ask for them." Obama is using his weekly radio and Internet address to urge Americans to ask their member of Congress to support... more »
WASHINGTON (AP) - Billionaire investor Warren Buffett will headline a pair of campaign fundraisers for President Barack Obama in the coming weeks. Obama's re-election campaign says Buffett will help raise money for the president at an event Sept. 30 in New York City. The longtime Obama adviser will also headline... more »
OMAHA, Neb. (AP) - Online bidding has ended for a private lunch with billionaire investor Warren Buffett. The winning bid was more than $2.3 million, falling short of last year's high bid of $2.6 million.
The identity of the winning bidder wasn't immediately released. All proceeds go to the... more »
Paul Allen has become the latest billionaire to sign on to a challenge by Bill Gates and Warren Buffett to get America's wealthiest people to donate the bulk of their riches to charity.
In a statement Thursday, Allen, who co-founded Microsoft with Gates, said he plans to leave the... more »
Microsoft co-founder Bill Gates and billionaire investor Warren Buffett are launching a campaign to get other American billionaires to give at least half their wealth to charity.
Former Gates Foundation CEO Patty Stonesifer says Gates and Buffett have been campaigning for the past year to get others to donate... more »